Riyue Heavy Industry Co (SHSE:603218) Days Payable: 200.92 (As of Mar. 2026) — Near Median

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SHSE:603218 Riyue Heavy Industry Co Ltd SHSE:603218
83 GF Score
Price ¥10.21
GF Value ¥15.61
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Riyue Heavy Industry Co Days Payable?

Riyue Heavy Industry Co SHSE:603218 +0.89% 83 Days Payable is 200.92 as of Mar. 2026, which is 7% above its 10-year median of 187.75. GuruFocus rates SHSE:603218 with a GF Score™ of 83/100 and a GF Value™ of ¥15.61 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,994 Industrial Products companies, Riyue Heavy Industry Co ranks better than 76.35% on this metric.

Riyue Heavy Industry Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥2,094 Mil. Riyue Heavy Industry Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥951 Mil. Hence, Riyue Heavy Industry Co's Days Payable for the three months ended in Mar. 2026 was 200.92.

The historical rank and industry rank for Riyue Heavy Industry Co's Days Payable or its related term are showing as below:

SHSE:603218' s Days Payable Range Over the Past 10 Years
Min: 134.42   Med: 187.75   Max: 240.89
Current: 151.6

During the past 13 years, Riyue Heavy Industry Co's highest Days Payable was 240.89. The lowest was 134.42. And the median was 187.75.

SHSE:603218's Days Payable is ranked better than
76.35% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs SHSE:603218: 151.60

Riyue Heavy Industry Co's Days Payable increased from Mar. 2025 (160.00) to Mar. 2026 (200.92). It may suggest that Riyue Heavy Industry Co delayed paying its suppliers.


Riyue Heavy Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for Riyue Heavy Industry Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Riyue Heavy Industry Co Days Payable Chart

Riyue Heavy Industry Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 179.93 192.45 236.10 198.36 134.42

Riyue Heavy Industry Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 160.00 115.46 146.13 167.61 200.92

SHSE:603218 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Riyue Heavy Industry Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Riyue Heavy Industry Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Riyue Heavy Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Riyue Heavy Industry Co's Days Payable falls into.


SHSE:603218
83GF Score
Riyue Heavy Industry Co Ltd SHSE:603218
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Riyue Heavy Industry Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Riyue Heavy Industry Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1862.687 + 1964.568) / 2 ) / 5196.303*365
=1913.6275 / 5196.303*365
=134.42

Riyue Heavy Industry Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1964.568 + 2222.662) / 2 ) / 950.852*365 / 4
=2093.615 / 950.852*365 / 4
=200.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 200.92 mean?
Riyue Heavy Industry Co (SHSE:603218) has a Days Payable of 200.92 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Riyue Heavy Industry Co and its competitors. This is near median its historical median of 187.75. Over the past decade, Riyue Heavy Industry Co's Days Payable has ranged from 134.42 to 240.89. According to the industry distribution chart, Riyue Heavy Industry Co ranks #708 out of 2994 companies in the Industrial Products industry, placing it in the top 23.6%.
Is Riyue Heavy Industry Co's Days Payable too high?
Riyue Heavy Industry Co's current Days Payable of 200.92 is near median its 10-year median of 187.75. Over the past 10 years, this metric has ranged from a low of 134.42 to a high of 240.89. The Industrial Products industry median Days Payable is 78.05. Riyue Heavy Industry Co's value of 200.92 is 157.4% above this industry median. Based on the distribution chart, Riyue Heavy Industry Co ranks #708 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Riyue Heavy Industry Co has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Riyue Heavy Industry Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Riyue Heavy Industry Co ranks #708 out of 2994 companies for Days Payable. This places Riyue Heavy Industry Co in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Riyue Heavy Industry Co's value of 200.92 is 157.4% above this benchmark. Historically, Riyue Heavy Industry Co's own Days Payable has ranged from 134.42 to 240.89 over the past decade. While the company's 10-year median is 187.75 vs. the industry median of 78.05, Riyue Heavy Industry Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,994 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Riyue Heavy Industry Co's current Days Payable of 200.92 is 157.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Riyue Heavy Industry Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riyue Heavy Industry Co's current Days Payable is 200.92, which is near median its own 10-year median of 187.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riyue Heavy Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Riyue Heavy Industry Co (SHSE:603218) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥15.61, compared to a current price of ¥10.21 — trading 34.6% below its estimated fair value. The current Days Payable is 200.92, which is near median its 10-year median of 187.75 and 157.4% above the Industrial Products industry median of 78.05. Riyue Heavy Industry Co's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Riyue Heavy Industry Co (SHSE:603218), the current Days Payable is 200.92 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Riyue Heavy Industry Co (SHSE:603218) Overvalued in 2026?

Based on GuruFocus' analysis, Riyue Heavy Industry Co stock appears to be undervalued. The current stock price of ¥10.21 is trading 34.6% below its estimated GF Value™ of ¥15.61. GuruFocus considers Riyue Heavy Industry Co to be Significantly Undervalued.

Key valuation signals for SHSE:603218:

  • Days Payable: 200.92 (near median its 10-year median of 187.75)
  • GF Value™: ¥15.61 vs. price of ¥10.21 (34.6% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 157.4% above the Industrial Products median (#708 of 2994)

No single metric tells the full story. See the SHSE:603218 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riyue Heavy Industry Co Business Description

Address Dongwu town Yinzhou district, Zhejiang, Ningbo City, CHN, 315113
Riyue Heavy Industry Co Ltd manufactures heavy duty equipment castings. Its products are windpower turbine generators, heavy diesel engines, large plastic injection molding machines, large machining centers, and giant mining machine series of castings. Geographically, it operates throughout the region of China.
83GF Score

Get the complete analysis for SHSE:603218

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥10.21
Price
¥15.61
GF Value